Article

2017-09-19 Government

Biden rejects Silicon Valley calls for universal basic income, ‘no strings attached' cash

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Posted by Besoeker 2017-09-19 01:47|| || Front Page|| [11129 views ] Top

#1 Joe Biden's opinion is of absolutely no consequence. He is simply the trial balloon handler. The so-called 'Universal Basic Income' (UBI) is the pathway to elimination of Social Security.

While it's not being discussed, in the end you can bet your arse UBI will be.... NEEDS BASED !

Posted by Besoeker 2017-09-19 01:54|| 2017-09-19 01:54|| Front Page Top

#2 ...money for nothin' and your chicks for free...

Posted by M. Murcek 2017-09-19 10:04|| 2017-09-19 10:04|| Front Page Top

#3 Mack Reynolds to the white courtesy phone.

Posted by g(r)omgoru 2017-09-19 10:38|| 2017-09-19 10:38|| Front Page Top

#4 I'm not sure what the answer is (work is sort of vital to self-esteem) but at some point a large number of jobs will be replaced by robotics. What does society do at that point? Are we all confident that enough new jobs will appear as jobs are taken over by robots?

Posted by rjschwarz 2017-09-19 11:45|| 2017-09-19 11:45|| Front Page Top

#5 There will always be an adjustment period, but the market will adapt.

There was a huge disruption of local economies with the industrial revolution, but people adapted and moved where new jobs were.

Robots will take over menial jobs and people and the market will adapt.

Posted by DarthVader 2017-09-19 12:08|| 2017-09-19 12:08|| Front Page Top

#6 Biden likes strings. He assumes he will be the one holding them.

Posted by Iblis 2017-09-19 15:57|| 2017-09-19 15:57|| Front Page Top

#7 Biden likes strings. He assumes he will be the one holding them.

OK. Registered citizens only.

Posted by Skidmark 2017-09-19 16:39|| 2017-09-19 16:39|| Front Page Top

#8 I dislike the idea, but not for the reasons I suspect Biden doesn't like the idea. I don't think the silicon valley technogarches who have floated the idea are serious about it. They want to have _just enough_ of it to where people can still afford to buy their products but the technogarches still aspire to a society where they get to be Big Swinging [redacted] but the rest of us don't, especially if we work in sinful industries like real energy.

Posted by Thing From Snowy Mountain 2017-09-19 18:06|| 2017-09-19 18:06|| Front Page Top

#9 In order to afford a "Universal Basic Income", there will also be a "[Nearly]Universal Maximum Income". Only those in favor with the government will be able to make more than, say, 50% over the UBI.

But if you have a senator in your pocket, you'll be ROLLING in cash!

Posted by Rob Crawford 2017-09-19 19:12|| 2017-09-19 19:12|| Front Page Top

#10 Nice pitch to the unthinking unwashed but simply devaluing currency.

Posted by Skidmark 2017-09-19 19:38|| 2017-09-19 19:38|| Front Page Top

#11 Will Silicon Valley fund it in total? I thought not. Fuck them

Posted by Frank G 2017-09-19 20:08|| 2017-09-19 20:08|| Front Page Top

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